Announced Tue, 15 Jul · 18:00 IST

Shipping Corporation Of India Land And Assets Limited has informed the Exchange regarding Appointment of Mr Som Raj as Director (Operations) of the company w.e.f. July 15, 2025.

Management Changes View source PDF

SCILAL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Captain Som Raj has been appointed as Director (Operations) on the board of Shipping Corporation of India Land and Assets Limited (SCILAL) effective July 15, 2025. He currently serves as General Manager at Shipping Corporation of India Limited (SCI) and has also been appointed as Director (Personnel & Administration) at SCI by the Appointments Committee of the Cabinet. His tenure runs until June 30, 2027 (his superannuation date) or until further orders. He brings over 35 years of maritime experience, including ship operations, HR management, and maritime training. Captain B.K. Tyagi, who was holding additional charge as Director (Operations) at SCILAL, has stepped down from that post with effect from the same date.

Likely market impact

This is a routine government-directed board change with no material impact on shareholders. The appointment fills a long-pending vacancy on the board and brings in an experienced internal candidate from SCI, which is a related entity. The stock price is unlikely to be affected by this administrative change.